Babywhale小鲸鱼

Aave is starting to shift from a simple lending product to a bank. After taking a detour and circling back through three cycles of bull and bear markets, DeFi has realized that the traditional financial models that have been studied for hundreds of years are still more reliable😅

Aave is starting to transition from a lending product to a bank.

The design lead of Base initially didn't seem to have much, but after doing some research, I realized this guy has some skills🧐

So Bitmain has only integrated its mining business into Canaan, as the manufacturing of mining machines itself no longer holds any appeal to the capital market.

Recent ICOs have made people feel less trustworthy...

I usually don't like to write articles about new listings proactively, but Trove spent over 20 million to launch an exchange, and setting the ICO FDV directly at 20 million is just too aggressive.

I usually don't like to write articles about new listings proactively, but Trove spent over 20 million to open an exchange, and setting the ICO FDV directly at 20 million is just too aggressive.

Given the bizarre nature of the market right now, it wouldn't be surprising if Cardano becomes popular next year...

Whenever I feel like there's nothing on the chain that can be financialized, there's always some new idea that makes me think, "This could work too?"

I spent a week organizing the report mentioned by @zzmjxy, and before seeing the author's conclusions, I already sensed the two issues he wanted to express:
1. The current investment is too small compared to the market value. Although Bitcoin miraculously survived, the sustainability of such miracles is indeed a risk point;
2. Open source culture is not popular in Asia, and someone needs to take the lead to drive overall prosperity.

I hadn't looked into it carefully before, but now they're suddenly saying the exemption policy will be implemented next month. No wonder Coinbase rushed to launch their launchpad.

Grayscale adopted a holding company structure for its listing, essentially to maintain absolute control over the company after going public, a structure that Alibaba used back in the day.

Last night, I saw a tweet from @Loki_Zeng, so I stayed up late checking the on-chain records and took some screenshots. Mainstream media articles need solid evidence to back them up, so I spent a lot of time working on it. Finally, this afternoon, I finished the article. Recently, anyone with money in DeFi should consider withdrawing it first—I have a feeling there's some unexplained risk brewing.

I've always been saying that ZK is the endgame. After reading what ZKSync said, I now understand it.

Ethereum nodes have indeed made great progress in terms of "decentralization". The cloud services used for hosted nodes are also diverse, and a single cloud failure will no longer have too much impact on Ethereum.

Recently, I have been looking at order flow. From the aggregated CVD, it seems that Spot is being sold, and the strength of going long in contracts is not significant. The weighted funding rate of holdings on Coinglass is negative, but the price today has to rise without looking back, and the real-time contract funding rate continues to rise. What could be the reason behind this kind of disconnection?

I don't know if you all remember the era when just having a .com stock price could To da moon.

The recent market is very strange, and there isn't much in Web3 that gives everyone hope. The funding rate for Bitcoin contracts has remained low for a long time, and no one knows why Bitcoin is rising, but Bitcoin is just rising.

In a falling trend, Bitcoin is performing stronger than the US stock market, which is indeed a relatively rare phenomenon. I wonder if this will become the new normal in the future.